KYC & AML Analyst

About the role

Client due diligence and screening

• Assess onboarding risk, assign ratings, and determine the required level of due diligence.
• Conduct due diligence on corporate structures; verify clients, connected persons, beneficial owners, controllers, and authorised signatories.
• Assess source of funds and wealth; prepare enhanced due diligence files for higher-risk clients and support Professional Client classification evidence.
• Screen clients and connected parties against sanctions lists, PEP databases, and adverse media; document, discount, or escalate potential matches.
• Support targeted financial sanctions implementation, including freezing measures and required notifications, under CO/MLRO direction.

Monitoring and suspicious activity

• Conduct periodic and event-driven KYC reviews and review transaction monitoring alerts and unusual activity.
• Check deposits and withdrawals for third-party payments, name mismatches, and funding patterns inconsistent with client profiles.
• Track expired documents and outstanding KYC items and follow them to resolution.
• Escalate potential suspicious activity; assist with information gathering and UAE FIU goAML reports; maintain reporting registers and observe confidentiality and tipping-off requirements.

Records, governance, and training

• Maintain accurate, complete, auditable CDD records and prepare AML management information.
• Assist with the annual MLRO report, annual DFSA AML Return, business risk assessment, supervisory requests, audits, and external AML reviews.
• Maintain AML/KYC procedures, checklists, and templates; monitor regulatory updates and support staff AML/CFT and sanctions training.
• Approve lower-risk accounts within delegated authority after demonstrating competence.

Experience and qualifications

• Approximately 1–3 years of KYC, onboarding, or AML experience at a firm regulated by the DFSA, FSRA, SCA, or FCA.
• Working knowledge of relevant AML/CFT and sanctions requirements and practical experience in corporate due diligence, beneficial ownership analysis, and source of funds and wealth assessment.
• Requires attention to detail, clear written communication, caseload management, professional integrity, and discretion.
• Desirable: DFSA AML Module experience; complex-structure experience; screening-tool familiarity; financial services experience; an AML qualification; a relevant degree; Arabic; DIFC experience; or existing UAE residency.